Parallel49 Equity Salary

Parallel49 Equity Salary

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As of April 2026, the average annual salary for employees at Parallel49 Equity in the United States is $91,388. This translates to an approximate hourly wage of $44. Salaries at Parallel49 Equity typically range from $80,153 to $103,551 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Parallel49 Equity Pay for Different Roles?

Explore detailed salary information for specific jobs at Parallel49 Equity. Based on our data, the highest paying job is the Managing Director, with an annual salary of $707,422. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Parallel49 Equity

Ready for your next career move? Explore current job openings at Parallel49 Equity. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Parallel49 Equity’s Pay Competitive? Salary Benchmarking Analysis

How does Parallel49 Equity's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Astro Holdings LLC $102,505
+12.2%
Reflects structural premiums typical of Astro Holdings LLC's large-cap national operations.
Range Mortgage $90,206
-1.3%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Focus Wealth Management LLC $86,821
-5.0%
Focus Wealth Management LLC focuses strategically on recruiting and training entry-level apprentices.
Capital Asset Resources $87,622
-4.1%
Capital Asset Resources likely leverages performance bonuses over the high base salary shown here.
Financial Services Industry $121,514
+33.0%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

How Parallel49 Equity's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Parallel49 Equity. Click a company name to learn more.

Employee Reviews: Working at Parallel49 Equity

Considering a career at Parallel49 Equity? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
It’s efficient, but there’s limited room for creativity or personal initiative. Promotion rates are analyzed for equity. Clear vision from leadership. I’ve worked here for several years, and the culture has remained strong. The company stands out for its client-centered mission and employee empowerment.
Commented in May 07, 2025
18
2
Peer recognition is encouraged through multiple channels. I'm excited about the company's future and my role within its growth. The work environment is collaborative, with strong support from management and peers. Client satisfaction and employee support prioritized. The company fosters a culture of respect, innovation, and accountability.
Commented in April 25, 2025
50
1
Coworkers help each other succeed, and management provides clear vision. The work environment is positive, collaborative, and encourages innovation. Professional growth opportunities abound.
Commented in October 20, 2024
18
3

Parallel49 Equity Overview

Website
www.p49equity.com
Founded In
1996
Employees
<25 employees
Industry
Financial Services
Headquarter Address
225 E Deerpath Lake Forest Illinois IL 60045
Revenue
$5 Million - $10 Million
Phone Number
+1 8472954410
Social Media
About Parallel49 Equity
Based in Lake Forest, Ill., Parallel49 Equity invests in profitable, well-managed lower middle-market companies in North America. Parallel49 Equity investment efforts are focused on the industry sectors of specialty manufacturing and business services.

What Benefits Does Parallel49 Equity Offer Beyond Salary?

A competitive compensation package is more than just a salary. Parallel49 Equity offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Parallel49 Equity.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Parallel49 Equity, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Parallel49 Equity salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Parallel49 Equity

1. How much does Parallel49 Equity in the United States pay?

Parallel49 Equity pays its employees an average of $91,388 per year. The average salary at Parallel49 Equity range from $80,153 to $103,551 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills and location.

2. Do Parallel49 Equity employees get a higher salary than its peer company?

The salary at Parallel49 Equity is lesser than its peer company. The average annual salary at Parallel49 Equity is $91,388, or an hourly wage of $44, in comparison to Astro Holdings LLC which pays $102,505 per year or $49 per hour.

3. What are the highest paying jobs at Parallel49 Equity?

The higher-paying job at Parallel49 Equity, according to our data, include Managing Director (avg. $707,422 per year), Controller (avg. $211,744 per year), and Geologist (avg. $55,828 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Parallel49 Equity?

Salary progression with years of experience at Parallel49 Equity is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at Parallel49 Equity vary by office location?

Yes, it's very likely that salaries at Parallel49 Equity vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Chicago section provides more context.

6. Does Parallel49 Equity offer good benefits?

Parallel49 Equity typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Parallel49 Equity" section on this page.

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